No Magical Save for Star as Government Focuses on Workers

An image of The Star's Queen Wharf casino and leisure complex, and the 1 William Street building that houses government workers, from the Neville Bonner Bridge connecting the CBD to South Bank in Brisbane, Australia on Sept. 14, 2024. Daniel Y. Teng/The Epoch Times

A casino giant may be wishing on a shooting star if it expects to be bailed out of financial trouble, after a state government shut down talk of a lifeline.

Shares in Star Entertainment plunged by more than 19 percent to an all-time low of 10.5 cents on Jan. 10, building on the 20 percent decline suffered on Jan. 9.